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Impact of parallel trade on pharmaceutical firm’s profits : rise or fall?
Hu, Bin - 2019
Most existing studies on parallel trade conclude that it reduces pharmaceutical firms' profits. One special feature of the pharmaceutical industry is the presence of price regulation in most countries. Taking into account the impact of parallel trade on the regulated pharmaceutical prices shows...
Persistent link: https://www.econbiz.de/10012871310
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Parallel Trade in Pharmaceuticals : Trade Therapy for Market Distortions
Abbott, Frederick M. - 2017
, particularly from an economic standpoint. In this regard, pharmaceuticals are not generally traded in what might be described as a … because it is imported. Parallel trade (i.e., imports and exports) in pharmaceuticals takes place in markets that are … international exhaustion. This should help to facilitate price reductions in the global market for pharmaceuticals …
Persistent link: https://www.econbiz.de/10014124812
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Moral Hazard in Drug Purchases
Harju, Jarkko; Verho, J - 2023
We study the moral hazard effects of the drug copayment threshold in Finland using detailed prescription drug purchase data. The analysis reveals that the average drug costs increase discontinuously by 17% at the threshold above which out-of-pocket drug costs decrease substantially. Our results...
Persistent link: https://www.econbiz.de/10014347995
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Tariff policy for a monopolist under incomplete information
Kolev, Dobrin R.; Prusa, Thomas J. - 1997
We examine the incentives for a government to levy an optimal tariff on a foreign monopolist. With complete information, the home government uses tariffs to extract rents and therefore implements a policy of discriminatory tariffs entailing higher tariffs on more efficient firms. By contrast if...
Persistent link: https://www.econbiz.de/10011577297
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The welfare impact of parallel imports : a structural approach applied to the German market for oral antidiabetics ; conference paper
Duso, Tomaso; Herr, Annika; Suppliet, Moritz - 2014 - Preliminary version
We investigate the welfare impact of parallel imports using a large panel data set containing monthly information on sales, ex-factory prices, and further product characteristics for all 700 antidiabetic drugs sold in Germany between 2004 and 2010. We estimate a two-stage nested logit model of...
Persistent link: https://www.econbiz.de/10010481411
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An economic approach to parallel imports effects and competition policy
Katsulakos, Giannēs S.; Benetatou, Kalliopi - In: Russian journal of economics 6 (2020) 3, pp. 315-338
Parallel imports have been treated very differently in different countries. In the EU, competition law's very strong (per se) prohibition of restrictions to parallel imports (PI) can be justified by traditional "public interest" concerns related to the EU's objective to promote free trade and...
Persistent link: https://www.econbiz.de/10012318071
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Generic competition and price regulation in pharmaceuticals : evidence from the European Union
Tuncay, Berna - In: Dynamic optics in economics : quantitative, …, (pp. 221-240). 2020
Persistent link: https://www.econbiz.de/10013040759
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Reference pricing and cost-sharing : theory and evidence on German off-patent drugs ; conference paper
Herr, Annika; Stühmeier, Torben; Wenzel, Tobias - 2014
-patent pharmaceuticals. We present a theoretical model with price-sensitive and loyal consumers that shows that a decrease in the reference …
Persistent link: https://www.econbiz.de/10010489291
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The moral hazard effects of consumer responses to targeted cost-sharing
Whaley, Christopher M.; Guo, Chaoran; Brown, Timothy Tyler - In: Journal of health economics 56 (2017), pp. 201-221
Persistent link: https://www.econbiz.de/10011799090
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Parallel imports and repair services
Ishikawa, Jota; Morita, Hodaka; Mukunoki, Hiroshi - 2018
This study explores the effect of parallel imports (PIs) when the producer may discriminate repair and maintenance services against PI units. This service discrimination weakens intrabrand competition and reduces the degree of price convergence between countries. If the producer makes costly...
Persistent link: https://www.econbiz.de/10011789003